Understanding the Market | ASMPT rose over 5% during the trading session, and Morgan Stanley expects the company's order-to-shipment ratio for the third quarter to remain above 1

ASMPT rose over 5% during the trading session, and as of the time of publication, it was up 5.65%, trading at HKD 87.95, with a transaction volume of HKD 77.5294 million. Morgan Stanley released a research report stating that mainstream semiconductor demand is recovering, and the advanced packaging market continues to grow. Currently, it is estimated that ASMPT's order shipment ratio for the third quarter will remain above 1. In terms of performance, the median revenue guidance for ASMPT in the third quarter is USD 475 million, representing an annual growth of 11%. Morgan Stanley currently predicts that the company's revenue will meet the guidance but believes that there will be a one-time restructuring expense of approximately RMB 360 million during the period, resulting in a net loss of about HKD 69 million. As for the fourth quarter, the bank forecasts revenue to reach HKD 3.646 billion, expected to grow 7% year-on-year, and to turn a profit of approximately HKD 126 million quarter-on-quarter, mainly driven by advanced packaging boosting semiconductor solutions revenue